IRF European Finance Investments Ltd. announced audited financial results for the fiscal year ended December 31, 2011 and the nine months ended September 30, 2011. For the year, the company reported operating loss of EUR 1,909,000 against operating income of EUR 22,362,000 a year ago. Loss before income tax was EUR 77,995,000 against EUR 107,353,000 a year ago. Loss after tax was EUR 77,870,000 against of EUR 107,426,000 a year ago. Basic and Diluted loss per share was EUR 0.57 against of EUR 0.86 a year ago. For the nine months, the company reported operating income of EUR 1,150,000 against EUR 18,726,000 a year ago. Loss before income tax was EUR 76,666,000 against EUR 97,498,000 a year ago. Loss after tax was EUR 76,666,000 against of EUR 97,502,000 a year ago. Basic and Diluted loss per share was EUR 0.56 against of EUR 0.78 a year ago.